ethe

Ethereum co-founder Vitalik Buterin will start a fireside chat at 23:00 (UTC+8), conversing with Ethereum and Consensys co-founder Joseph Lubin and Lighter founder Vlad Novakovski. This discussion will focus on high-performance application scenarios within the Ethereum ecosystem, emphasizing the progress of ZK Rollups on Ethereum, the scalability roadmap, and the future development direction of decentralized finance (DeFi).

Global leading digital asset trading platform Gate released its transparency report for April 2026. As AI capabilities continue to iterate and the RWA asset system expands, the platform is accelerating its evolution towards a multi-asset financial infrastructure, further enhancing its collaborative trading capabilities across spot, derivatives, and tokenized assets.Currently, Gate has served over 53 million users, with more than 4,600 assets listed, and continues to expand its product matrix with TradFi and tokenized stocks, covering over 430 CFDs and more than 70 tokenized stocks. After the AI system completed its V3 upgrade, a unified entry architecture was formed among Web, App, Bot, and independent sites, and the newly launched in-depth research and intelligent push features will significantly enhance user trading and decision-making efficiency.At the same time, the platform continues to strengthen its global brand building and ecological influence. Gate has officially become the official sleeve sponsor of the Inter Milan U23 youth team and has held several large brand events in Hong Kong to celebrate its 13th anniversary, including the "Racing the Future" cross-border exhibition at Victoria Harbour, a blue carpet ceremony, and the GATE GALA anniversary dinner, attracting hundreds of industry representatives, media, and global users.Gate founder and CEO Dr. Han released an open letter during the 13th anniversary, participated in the Hong Kong Web3 Carnival, and gave speeches and exchanges at the University of Hong Kong. Dr. Han stated that infrastructure-driven development will become the core of industry competition in the next phase and proposed the concept of "Move Everything On-Chain." In the future, Gate will focus on building infrastructure capabilities, promoting deep integration of RWA, TradFi, DeFi, and AI, and accelerating the construction of a more unified and efficient global financial infrastructure system.

According to iNews24, the Financial Services Commission (FSC) of South Korea is reviewing whether Hana Bank's acquisition of Dunamu shares violates the "separation of finance and virtual assets" regulatory rules. The virtual assets department of the Financial Services Commission stated that Hana Bank indirectly holds shares in Dunamu through its acquisition of Kakao Investment shares, which is essentially an investment in a virtual asset exchange and will be examined under the same standards.Since 2017, the South Korean government has prohibited financial institutions from holding, purchasing virtual assets, or making equity investments through administrative guidance. If a violation occurs, Hana Bank may not be able to complete the transaction. Future Asset Consulting is advancing the acquisition of Kobit's operating rights, and Korea Investment & Securities is also taking a cautious approach. Hana Bank previously announced the acquisition of a 6.55% stake in Dunamu but did not consult with the authorities beforehand.Currently, the "separation of finance and virtual assets" regulation has not yet been codified into law, and it is uncertain whether related provisions will be included in the digital asset bill. Legislative discussions may advance after the National Assembly reconvenes in September at the earliest.

According to SoSoValue data, during the last trading week (Eastern Time May 11 to May 15), Ethereum spot ETFs experienced a net outflow of $255 million. The Ethereum spot ETF with the highest net outflow last week was the Blackrock ETF ETHA, with a weekly net outflow of $185 million, and the historical total net inflow for ETHA has reached $11.81 billion.The second highest was the Fidelity ETF FETH, with a weekly net outflow of $59.88 million, and the historical total net inflow for FETH has reached $2.2 billion. The Ethereum spot ETF with the highest net inflow last week was the Blackrock ETF ETHB, with a weekly net inflow of $5.8296 million, and the historical total net inflow for ETHB has reached $513 million.As of the time of writing, the total net asset value of Ethereum spot ETFs is $12.93 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 4.83%, and the historical cumulative net inflow has reached $11.83 billion.

Tom Lee, the chairman of BitMine, the largest treasury in Ethereum, stated that if anyone wants to know why Ethereum has been under selling pressure recently: for me, the rise in oil prices is the biggest headwind, and the inverse correlation between ETH and oil is at a historical high.Over the past 6 weeks, while oil prices have continued to rise, the price of ETH has been falling. In the chart, oil prices are displayed inverted (the higher the oil price, the greater the pressure on ETH). Therefore, when oil prices begin to reverse and fall, the price of ETH is expected to rebound accordingly.This is just short-term tactical noise. The real long-term drivers for ETH are asset tokenization and Agentic AI. These structural positives are already in place, so we expect ETH to perform stronger in 2026.

Fundstrat co-founder and BitMine chairman Tom Lee stated on the X platform that Ethereum is currently facing selling pressure, primarily due to rising oil prices, with the negative correlation between ETH and oil prices at a historical high.During the past six weeks of rising oil prices, the price of Ethereum has fallen, and if oil prices retreat, Ethereum is expected to rebound. Lee believes this is a short-term tactical fluctuation, with the larger drivers for Ethereum coming from tokenization and AI agents, as these structural factors are already in place, and it is expected that Ethereum's price will strengthen by 2026.

10x Research released a report stating that since the CPI data was announced on May 13, Bitcoin ETF holders have sold over $1 billion, and market sentiment has plummeted from 87% to 45%, while bond yields continue to rise (30-year yield has reached 5.12%). Inflation has become a focal point again, and cryptocurrencies are feeling the pressure.The report points out that Bitcoin is testing the 30-day moving average, and a confirmed drop below it would indicate a deterioration in momentum. Key levels to watch: $79,125 (short-term bull-bear dividing line) and $76,922 (major support level). Ethereum has triggered a bearish signal. 10x Research indicates that the current pattern is one of "two steps forward, one step back," but the cycle bottom is already in sight.

According to Blockaid monitoring, its vulnerability detection system found that the Verus Ethereum cross-chain bridge (verus.io) is under attack, resulting in approximately $11.58 million in losses.

Italy's largest bank Intesa Sanpaolo will increase its holdings related to crypto assets from approximately $100 million at the end of 2025 to about $235 million in the first quarter of 2026. Among these, the bank has increased its holdings in the ARK 21Shares Bitcoin ETF and BlackRock's IBIT, and for the first time allocated Ethereum assets through BlackRock's iShares Staked Ethereum Trust, while also adding approximately $26 million in Grayscale XRP Trust ETF holdings.In addition, Intesa has established a bullish options position in IBIT for the first time and added 165,600 shares of BitGo stock, while completely liquidating its positions related to Bitmine. Its related holdings in Solana have been significantly reduced, with Bitwise Solana Staking ETF holdings decreasing from 266,300 shares to 2,817 shares. Reports indicate that Intesa has previously confirmed that the related crypto assets are primarily used for proprietary trading. Last month, Ripple also announced that it would provide digital asset custody services for the bank.

According to HyperInsight monitoring, Majie aggressively increased its position again after recharging $250,000 last night. As of the time of writing, its total position has approached $14 million, with Ethereum long positions only 3% away from the liquidation line. The details are as follows: Ethereum 25x long position: 5,250 contracts, liquidation price $2,125.2. Bitcoin 40x long position: 25 contracts, liquidation price $65,087. HYPE 10x long position: 7,200 contracts. In addition, with the market declining again, its overall losses from contract operations on Hyperliquid have reached $30.31 million.

According to The Block, sovereign wealth funds, universities, and banks have recently disclosed their 13F holdings reports for the first quarter of 2026. On the sovereign wealth fund side, the Abu Dhabi sovereign wealth fund Mubadala increased its holdings in BlackRock's iShares Bitcoin Trust ETF (ticker IBIT), raising its share count from 12,702,323 to 14,721,917, adding over $90 million in holdings, with a total holding value of nearly $660 million. Mubadala's Abu Dhabi Investment Council (ADIC) maintained its IBIT holdings unchanged, holding 8,218,712 shares valued at $315.8 million.Several university endowments reported that their cryptocurrency ETF holdings remained largely stable. Harvard University's endowment reported holding 3,044,612 shares of IBIT, valued at approximately $117 million. This is a 43% decrease from the 5.35 million shares held at the end of 2025, after Harvard had already reduced its holdings by 21% in the fourth quarter. IBIT is no longer its largest holding (overtaken by TSMC, Alphabet, Microsoft, and SPDR Gold Trust). Harvard also completely liquidated its previously established position in BlackRock's Ethereum spot ETF valued at $86.8 million from the previous quarter.Dartmouth College reported holding 201,531 shares of IBIT, valued slightly above $9 million, unchanged from the previous quarter. The college transferred its Ethereum ETF holdings from Grayscale Ethereum Mini Trust to Grayscale's Ethereum Staking ETF, keeping its 178,148 shares unchanged. Dartmouth also disclosed a new holding in Bitwise Solana Staking ETF, holding 304,803 shares, currently valued at nearly $3.67 million. This is the first time an institutional endowment fund has expressed interest in expanding its investment scope beyond Bitcoin or Ethereum into other cryptocurrencies.Meanwhile, Brown University maintained its holdings of 212,500 shares of IBIT, while Emory University simplified its Bitcoin fund holdings from two to one. The school liquidated its 4,450 shares of IBIT while increasing its holdings in Grayscale Bitcoin Mini Trust from slightly over 1 million shares to 1,354,148 shares.Traditional financial institutions are also actively rebalancing positions and hedging. Royal Bank of Canada (RBC) increased its direct holdings in IBIT and enhanced the use of put and call options for hedging. Canadian Imperial Bank of Commerce (CIBC) increased its holdings by 214,370 shares of IBIT after liquidating its previously held Trump-related U.S. Bitcoin stocks. Barclays also disclosed its IBIT positions, including approximately 4.46 million shares of spot stock and a significant number of put and call option positions related to the ETF. Hong Kong-based Laurore has reduced its IBIT holdings from 8,786,279 shares to 6,846,279 shares.

According to official news, an additional $50 million USDG lending limit is now available on the Ethena market.The leveraged USDe Multiply positions on Kamino are currently generating over 25% APY, and there is additional liquidity available to support further cyclical demand on Solana.

According to Onchain Lens monitoring, Huang Licheng has deposited 250,000 USDC into Hyperliquid, increasing his 25x leveraged Ethereum long position.

According to monitoring by Lookonchain, a certain Ethereum OG bought ETH at a low during the market downturn. Ten years ago, this Ethereum OG received 11,005 ETH from ShapeShift at a price of $3.46 each.More than a year ago, he sold these ETH at a price of $2,777 each, exchanging them for 30,560,000 USDC, making a profit of $30,500,000, with a return of 803 times. Currently, after the drop in ETH, he has started buying again, spending 4,260,000 USDC to purchase 1,951 ETH at a price of $2,182 each, and may continue to buy.

According to Farside monitoring data, this week the cumulative net outflow of Bitcoin spot ETFs in the United States was $995.5 million, and the cumulative net outflow of Ethereum spot ETFs was $255.2 million.

According to GMGN data, ASTEROID on the Ethereum chain has risen over 16% in 24 hours, with a market cap reaching $139 million and a 24-hour trading volume of $14 million.It is reported that the narrative of the meme coin ASTEROID originates from a 15-year-old girl, Liv Perrotto. Her biggest wish in life was to meet Musk, and she participated in designing a Shiba Inu-shaped doll named "Asteroid." After the girl passed away, her mother publicly wrote to request Musk's attention, which was recounted and spread by well-known media personality Glenn Beck on his show. On April 19, Musk agreed for Asteroid to become the mascot of SpaceX.In terms of news, today a whale address 0x02e spent 629 ETH (approximately $1.4 million) to buy 4.2 billion ASTEROID at a price of $0.0003329.

According to SoSoValue data, yesterday (Eastern Time May 15), the total net outflow of Ethereum spot ETFs was $65.6497 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF ETHA, with a single-day net outflow of $50.3527 million. Currently, the historical total net inflow of ETHA has reached $11.812 billion.The second was the Fidelity ETF FETH, with a single-day net outflow of $11.0772 million. Currently, the historical total net inflow of FETH has reached $2.197 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $12.929 billion, and the ETF net asset ratio (market value as a percentage of Ethereum's total market value) is 4.83%. The historical cumulative net inflow has reached $11.832 billion.

According to Cointelegraph, multiple analysts have pointed out that Ethereum faces downside risks, with ETH potentially dropping another 20% to the $1,700 range. The increase in holdings on trading platforms and the decline in ETF demand are the main sources of pressure.CryptoQuant analyst BorisD noted that from May 5 to May 9, the ETH reserves on Binance surged from 3.36 million to 3.84 million, while the price dropped 7% from $2,390 to $2,260 during the same period. He stated, "This indicates that liquidity is being absorbed and distributed simultaneously. The overall structure still points to dominant downside risks."Another analyst, PelinayPA, shares the same view, believing that any short-term rebound will "be accompanied by high volatility, followed by a continuation of a broader downward trend," and added, "A large amount of ETH continues to flow into trading platforms, creating significant resistance to price increases." The net inflow of ETH to trading platforms surged to 585,000, marking the largest single-day inflow since December 2025—at that time, the ETH price was around $3,000, which subsequently dropped to $1,750 in February this year, a decline of 42%. Such large-scale inflows typically indicate that large holders are offloading.Meanwhile, the demand for spot Ethereum ETFs continues to weaken, recording net outflows for four consecutive days, with a total outflow amounting to $190 million. From a technical perspective, the ETH daily chart shows that the ascending wedge pattern has broken below the support level of $2,280. If the daily closing price confirms a break below, the target will point to the wedge measurement target of $1,725, a 22% drop from the current price, aligning with the macro low on February 6 of this year.Analyst ShangoTrades stated that this breakdown "is starting to become concerning." From a longer-term perspective, analyst CryptoBullGod pointed out that the measurement target for the ETH weekly bear flag pattern is $1,280.

According to HyperInsight monitoring, Huang Licheng has reduced his Ethereum long position, currently only 9 dollars away from the liquidation price, with losses exceeding 2.7 million dollars in the past month. He currently holds:A long position in ETH worth 8.91 million dollars, with an opening price of 2,314.57 dollars, and an expected liquidation price of 2,220.22 dollars;A long position in BTC worth 7.93 million dollars, with an opening price of 80,864.5 dollars, and an expected liquidation price of 78,748 dollars.